Art. 18

(Art. 15 FinIA)

1. The notification which a financial institution is required to submit to FINMA before engaging in activities abroad must contain all the information and documents needed to assess such activities, specifically:
   1. a business plan describing in particular the nature of the planned transactions and the organisational structure;
   2. the name and address of the office abroad;
   3. the names of the persons responsible for administration and management;
   4. the auditing firm;
   5. the name and address of the supervisory authority in the foreign state in which the registered office or domicile is located.
2. Furthermore, the financial institution shall notify FINMA of:
   1. the discontinuation of business activities abroad;
   2. any material change in business activities abroad;
   3. a change in audit firm;
   4. a change in the supervisory authority in the foreign state in which the registered office or domicile is located.